Haskel on UK economic outlook: my forecast would be in the medium term of somewhat higher interest rates and weaker GDP growth then most are expecting

The UK Office for Budget Responsibility (OBR) nominee Haskel, in recent statements on July 15, 2026, highlighted the UK’s fragile fiscal position, emphasized the continued necessity of fiscal discipline as noted by the OECD, and forecast a medium-term economic outlook featuring somewhat higher interest rates and weaker GDP growth than commonly anticipated, while also suggesting the OBR may appropriately proceed more slowly on productivity forecasts compared to short-run-focused evaluators; information sourced from multiple news reports dated July 15, 2026.

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